Ether Leads Crypto Long Accounts as XRP Funding Turns Negative
Ether leads crypto long accounts at 75.9%, while XRP remains the only major asset with a negative funding rate.
According to data from Pluang, Ether leads the crypto market in long accounts at 75.9%, demonstrating strong bullish positioning among traders. Meanwhile, XRP stands out as the only major asset among those tracked with a negative funding rate.
Long Account Dominance
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The derivatives data highlights a stark contrast in positioning across digital assets. While Ether commands a high proportion of long accounts, broader market sentiment remains varied as evidenced by divergent funding rates.
Key facts
- Ether leads crypto long accounts at 75.9%, according to Pluang.
- XRP is recorded as the only asset with a negative funding rate.
- Derivatives data covers prevailing market positioning across major tokens.
Source: news.google.com
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